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Product risks

Products and their marketing can make or break a business. That’s why you should look carefully at the risks associated with your products.

Ideas are valuable assets and you should make security of information and patenting a high priority. Risk management won’t kill your business’s creativity – instead, it will help you stay creative and give you the potential to prosper.

To find out if you’re doing a good job at managing your product risks, fill out this questionnaire. If you want to know more about topic before you start, have a look at the following signposts:

As you complete the questionnaire, write down any evidence to support your answers in Your notes. If you answer ‘no’ to any of the questions, you need to look at these areas in more detail.

Think about the causes of the hazards and the consequences, as well as the control measures you’ll need and who’ll be responsible for introducing them. Use Your risk map to record this information.

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